"DOE and SBA Research Act" Passes the House, Marking a Milestone for Small Business Innovation
Washington, DC—This week, Congressman Shri Thanedar (MI-13) announced the passage of the "DOE and SBA Research Act" (H.R. 788), which he served as a lead Democratic sponsor of. The bill encourages a new area of innovation and collaboration between the Department of Energy (DOE) and the Small Business Administration (SBA).
"The 'DOE and SBA Research Act' represents a critical step towards fostering a cooperative relationship between the DOE and SBA, aimed at enhancing our nation's research and development capabilities," stated Congressman Thanedar. "I am deeply thankful to my colleague, Representative Nick LaLota of New York, for leading this bipartisan bill and for his dedication to advancing innovation and small business growth."
The act, which seeks to formalize a cooperative framework for joint research and development activities, has been designed to leverage the strengths of the DOE and SBA. By promoting the inclusion of small business concerns in these endeavors, the legislation aims to ensure that the fruits of innovation are accessible and beneficial to all segments of our economy. H.R. 788 has progressed to the Senate, where it has been referred to the Committee on Energy and Natural Resources.
"This legislation has the potential to improve our nation's competitive edge in technology and sustainability, continued Thanedar. “I urge my colleagues in the Senate to support the bipartisan 'DOE and SBA Research Act,' recognizing the profound benefits it promises for our small businesses and the broader economy."
A link to the full text of the legislation can be found here.
Congressman Shri Thanedar proudly represents Michigan's 13th Congressional District, which includes Detroit, Downriver, and the Grosse Pointes. A champion for working families, Shri is committed to advancing economic opportunities, education, healthcare access, and entrepreneurship for underserved communities. Drawing on his journey from poverty to success, he works tirelessly to uplift metro Detroit, ensuring every resident has the resources and support they need to thrive.
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